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HK expects jobless rate to top 16-year high

Bloomberg Hong Kong’s unemployment rate for the three months ended December is likely to exceed the highest level in 16 years because of the impact of tightened coronavirus restrictions, Financial Secretary Paul Chan said on his blog on Sunday. The latest jobless rate is scheduled to be released on Tuesday. Unemployment stood at a high of 6.4% for the three ...

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Billionaire-backed game startup kicks off India’s tech IPO rush

Bloomberg Nazara Technologies Ltd, the cricket games developer backed by billionaire Rakesh Jhunjhunwala, became the first Indian gaming technology company to seek a market debut as mobile entertainment takes off across the world’s No. 2 smartphone arena. The Mumbai-headquartered startup filed initial public offering documents with India’s market regulator. Its impending debut on the local exchanges could encourage other Indian ...

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Man arrested near Capitol with gun, 500 rounds of ammunition

Bloomberg A Virginia man was arrested when he tried to enter a restricted area near the US Capitol with unauthorised credentials, a loaded handgun, and hundreds of rounds of ammunition, according to police. Wesley Allen Beeler of Front Royal, Virginia, was stopped by US Capitol Police at about 6:30 pm, according to a police report. He had driven up to ...

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